China Briefing News

We cover the latest economy and trade, legal and tax updates, industry insights, and HR and payroll news that are most relevant to doing business in China. Here are our top China news summaries.

Shanghai Lingang New Area Releases Whitelists for Data Export, Facilitating Cross-Border Data Flows

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Shanghai’s Lingang New Area has released general data lists that will facilitate data export for companies in the automotive, biopharma, and mutual fund sectors.

Tianjin Free Trade Zone Releases China’s First Negative List for Cross-Border Data Transfer

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The Tianjin Free Trade Zone has released China’s first data Negative List outlining the types of data that must undergo a security review by China’s cybersecurity bureau to be transferred out of China.

China’s New Measures to Support Foreign Investment in Sci-tech Firms

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China seeks to attract sci-tech foreign investment by relaxing rules, fostering partnerships, and enhancing the investment climate.

Shenzhen’s Qianhai Cooperation Zone Expands Preferential IIT and CIT Policies

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The Shenzhen Municipal Tax Bureau, Shenzhen Municipal Finance Bureau, and State Tax Administration have issued two notices broadening tax incentives for individuals and companies in the Qianhai Cooperation Zone.

Cost Reduction Strategies in China – New Publication Out Now

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In this issue of China Briefing magazine, we delve into the most effective cost-reduction strategies observed in Chinese business practices, encompassing both immediate cost-saving measures and long-term approaches to boost operational efficiency and competitiveness.

US-China Relations in the Biden Era: A Timeline

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Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.

Shenzhen Reopens GBA IIT Subsidy Applications for 2024

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The GBA IIT subsidy for foreign talents has officially kickstarted in Shenzhen. The city will accept relevant applications from May 15, 2024, to June 15, 2024.

Norway First Scandinavian Country with 15-Day Visa-Free Access to China

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China granted Norwegian citizens 15-day visa-free access, marking Norway as the first Scandinavian country to benefit from this policy.

China Opens Doors to Foreign Investment in Cell Therapy and Wholly Foreign-Owned Hospitals in Pilot Cities

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China has initiated a new round of foreign investment relaxation pilots in selected cities, permitting foreign investment in cell and gene therapy as well as wholly foreign-owned hospitals.

EU-China Relations After the 2024 European Elections: A Timeline

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Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.

China’s Visa-Free Policies: Latest Updates

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In this aritcle, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them.

Asia Transfer Pricing Brief: Q2 2024

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In our Asia Transfer Pricing Brief for Q2 2024, we present the latest updates and new guidelines on transfer pricing from Malaysia, Singapore, and the OECD.

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